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The need for job creation will be a key element of the EU's new economic plan (Photo: Duchamp)

EU enters decisive period for economic plan

The next few months will be decisive for the European Union's future economic health, with the bloc set to agree a new 10-year economic plan in a bid to leave the recent recession behind, and chart a fresh course towards steady growth and job creation.

Decade-high unemployment, an ageing EU population and soaring budget deficits form the backdrop for those involved in drafting the important roadmap.

Memory of the EU's current economic plan - the Lisbon Strategy, due to expire in...

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The need for job creation will be a key element of the EU's new economic plan (Photo: Duchamp)

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